USD/CAD Surges as US-Iran Tensions Escalate
The USD/CAD pair has gained ground to near 1.4050 during the early European session on Tuesday, as traders weigh developments surrounding US-Iran talks.
The US JOLTS Job Openings data is due later today, and its release may provide more clarity on the Federal Reserve's next policy move.
A stronger-than-expected outcome would likely reinforce higher-for-longer US rate bets and underpin the Greenback.